Commercial Observer Interviews Native Realty CEO About Brightline’s Real Estate Impact

Jaime Sturgis shared his insights about development activity around Brightline stations in an article published by Commercial Observer. The Native Realty CEO spoke with writer Mike Seemuth about whether the anticipated wave of development has indeed occurred since the private rail service launched.

Seemuth examined completed developments in Miami, Fort Lauderdale and West Palm Beach and also detailed proposed projects from developers seeking to leverage sites in close proximity to Brightline stations. As of January 2024, tri-county area stations are located in those three cities, Aventura and Boca Raton.

“We’ve sold several sites that are within a block or two of the Brightline station in Fort Lauderdale that are going to become multifamily developments,” said Jaime Sturgis, founder and CEO of Fort Lauderdale-based real estate brokerage Native Realty. “We’re still seeing a lot of demand to be close to a Brightline station. Fort Lauderdale is a great example of that.”

Click here to read the full article.